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Bargain Buggies Rent A Car Systems

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Bargain Buggies Rent A Car Systems
3140 N. Washington Blvd.
Arlington, VA 22201
800#:
Tel: (703) 841-0000
Fax: (703) 841-1934
E-Mail: [email protected]
Web Site: www.bargainbuggies.net
Contact: Mr. Patrick Cloud, President


BARGAIN BUGGIES RENT-A-CAR SYSTEMS currently operates 6 company-owned stores and 15 franchises in the Washington metropolitan area. BARGAIN BUGGIES employs 19 permanent staff members with over 200 years combined experience, who manage a fleet ranging in size from 300 to 500 vehicles. BARGAIN BUGGIES plans to continue to expand Internet capabilities and implement new marketing strategies. All of this will take place while focusing on offering exceptional customer service.




Franchisor Background


Established: 1970
First Franchise: 1984
Franchise Units: 12
Company-Owned Units: 6
Total Units: 18

Distribution:
U.S. -- 18; Canada -- 0; International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: 8 in MD, 4 in VA

Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 4, 5, 4, 3, 2, 3
(Click here for an explanation)

Registered in Following Registration States: MD, VA, DC (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SC, Hotel, Car Dealership (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $25-75K
Total Investment: $50-250K
Average Total Investment: $150.0K
Minimum Net Worth: $150K

Fees:
-Franchise: $5-25K
-Average Franchise Fee: $15.0K
-Royalty: $25/Car/Mo.
-Advertising: Adv. Fund

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 25
On-Going Support: b,C,D,E,F,G,h,I (Click here for an explanation)
Training: 1 Week Corporate Headquarters; 1 Week On-Site.


Franchisor's Specific Expansion Plans

U.S.: Mid-Atlantic
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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